2019 Tax Law Change Update

Highlights of spending package’s tax law changes The federal government spending package titled the Further Consolidated Appropriations Act, 2020, does more than just fund the government. It extends certain income tax provisions that had already expired or that were due to expire at the end of 2019. The agreement on the spending package also includes…

Your 2019 – 2020 Tax Planning Guide

As we face the last quarter of 2019, SIMA continues its commitment of informing our clients of new and existing laws that are relevant to them. Further, we strive to be proactive in reducing your business and personal tax liabilities. The planning guide below is designed to support our clients and assist you with the…

IRS reminder: Tax scams continue year-round

IR-2019-104, June 5, 2019 WASHINGTON – Although the April filing deadline has passed, scam artists remain hard at work, and the IRS today urged taxpayers to be on the lookout for a spring surge of evolving phishing emails and telephone scams. The IRS is seeing signs of two new variations of tax-related scams. One involves…